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president obama and the first lady are arriving in daalas. they're headed to a fund-raiser tonight for the democratic national committee. the president will deliver his first political speech sense last week. [laughter] after the defeat of the gun control legislation. the president and first lady also attending, as i said, the opening of the bush library tomorrow. i think uni, market, have disturbed mr. barnes and zimmerman with our call for diversity and openness in our society. >> yes. lou: they're obviously any more closed mind state when it comes to the bushes. in a very open mind when it comes to immigration. pending thoughtful piece on the importance o movinghead with the revolution to immigration, border security, your thoughts? is it going to be the gang of eight or the regular order, the judiciary committee and others doing yeoman-like works with e- graphite, with just 4 grams? >> well, both of those are in the gang of eight build. i think it will be a better idea has broken up and as separate bills and see how things work rather tha
president obama and the first lady are arriving in daalas. they're headed to a fund-raiser tonight for the democratic national committee. the president will deliver his first political speech sense last week. [laughter] after the defeat of the gun control legislation. the president and first lady also attending, as i said, the opening of the bush library tomorrow. i think uni, market, have disturbed mr. barnes and zimmerman with our call for diversity and openness in our society. >> yes....
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and just in, president obama and first lady michelle obama have just landed in dallas. live pictures here. they are scheduled to attend that dedication ceremony tomorrow with the former president. later in the day the president and first lady will travel to waco to attend a memorial service for the victims of last fertilizer explosion. carl cameron with more. hey, carl. >> hi, shep. well tonight, in fact, it's a fundraiser for the democratic national committee that the president will be attending. but tomorrow it will not only be barack obama and george w. bush convening on dallas and the campus of smu. dignitaries from around the country and indeed from around the world coming. built over the course of almost the last four years, the bush library and museum is set on 25 acres at smu. and it cost almost $250 million to build all in private donations over the course of the last few years. there is inside a whole series of exhibits to the george w. bush two term administration, including the famous bull horn that he spoke from on those few days after the 9/11 attacks from
and just in, president obama and first lady michelle obama have just landed in dallas. live pictures here. they are scheduled to attend that dedication ceremony tomorrow with the former president. later in the day the president and first lady will travel to waco to attend a memorial service for the victims of last fertilizer explosion. carl cameron with more. hey, carl. >> hi, shep. well tonight, in fact, it's a fundraiser for the democratic national committee that the president will be...
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turns out the obama administration was a bad bet, energy department official in 2010 e-mail say that this would not meet the requirements established by the the o e to get federal loans but the green company got one anyway. nearly $600 million. the company only receive $192 million before the government got wise to its mistake but this is the same situation we found ourselves in with solyndra, another green company that was doomed to fail but still got a half billion dollars of our taxpayer money. the energy department is trying to recoup the $200 million, a payment due on monday was not made. concern has not built a single vehicle since last summer and failed to find a buyer. the government sure can take some. when we come back we will show you a new invention that could make going to the doctor less scary. next, is immigration reform the new obamacare? our lawmakers forced to vote on a bill before getting to read it? lou dobbs is with us to give us his take. if you've got it, you know how hard it can be to breathe and man, you know how that feels. copd includeemphysema and chronic
turns out the obama administration was a bad bet, energy department official in 2010 e-mail say that this would not meet the requirements established by the the o e to get federal loans but the green company got one anyway. nearly $600 million. the company only receive $192 million before the government got wise to its mistake but this is the same situation we found ourselves in with solyndra, another green company that was doomed to fail but still got a half billion dollars of our taxpayer...
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paul kagan curtis was accused of sending the letter is laced with the poison to president obama and several legislators -- paul kevin curtis. authorities have turned their attention to a second man connected to curtis. >> to russia now where the trial of russian activists alexei nevalny resume. he is one of the president's most vocal critics. >> if convicted, he could face 10 years in prison and be barred from public office. the trial resumed last week after nevalny's lawyers asked for more time to study the documents. >> local prosecutors dismissed, and the charges two years ago, but moscow ordered them to reopen the case. >> security was tight at the train station ahead of the trial. russian opposition leader aleksei nevalny arrived on the night train. he is accused of embezzling some 400,000 euros worth of timber when he was an adviser to the regional government. >> i am sure that my innocence will be proved here, even if the court does not formally acknowledge it. it will be clear for everyone attending the trial. >> the media have been closely following the proceedings. so have opposit
paul kagan curtis was accused of sending the letter is laced with the poison to president obama and several legislators -- paul kevin curtis. authorities have turned their attention to a second man connected to curtis. >> to russia now where the trial of russian activists alexei nevalny resume. he is one of the president's most vocal critics. >> if convicted, he could face 10 years in prison and be barred from public office. the trial resumed last week after nevalny's lawyers asked...
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seen budget increases under president obama. i'm not sure there's an argument about that one way or the other. with regards to flight delays, i'm with you. i'm not making the case that there aren't flights that are on time. i'm glad there are flights on time. as i noted right at the beginning of this segment, there were weather-related flight delays on monday. possibly yesterday. there were furloughs that took place and folks can't say if the delays were 50% furlough-related or weather-related. there are furloughs taking place right now and my guess is the furloughs will have an impact on air traffic so the air traffic controllers can maintain a safe air traffic system. host: "baltimore sun had this headline. what's your reaction? what can you tell us? guest: i don't know anything beyond what i read in the paper. the administration continues to cast some doubt on whether or not it did happen. it is, i think tash is ever confirmed to members of congress, probably one of those red lines that is going to force serious hand because
seen budget increases under president obama. i'm not sure there's an argument about that one way or the other. with regards to flight delays, i'm with you. i'm not making the case that there aren't flights that are on time. i'm glad there are flights on time. as i noted right at the beginning of this segment, there were weather-related flight delays on monday. possibly yesterday. there were furloughs that took place and folks can't say if the delays were 50% furlough-related or weather-related....
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coming up on "money," house bill moves forward to strip president obama's power to approve a keystone pipeline but will it even make a difference? one of the lawmakers behind that bill will join us with that reaction. ever wonder how much the government spends keeping pot illegal? that money would probably give the u.s. economy a welcomed buzz. the econ is behind the report will join us. can you ever have too much "money"? copd makes it hard to breathe... but with advair, i'm breathing better. so now i can help make this a great block party. ♪ [ male announce ] advair is clinically proven to help significantly impro lung function. unlike most copd medications, advair contains both an anti-inflammatory and a long-acting bronchodilator working together to help improve your lung function all day. advair won't replace fast-acting inhalers for sudden symptoms and should not bused more than twice a day. people with copd taking advair may have a higher chance of pneumoa. advair may incrse your risk of osteoporosis some eye prlems. tell your doctor if you have a het condition or high blood
coming up on "money," house bill moves forward to strip president obama's power to approve a keystone pipeline but will it even make a difference? one of the lawmakers behind that bill will join us with that reaction. ever wonder how much the government spends keeping pot illegal? that money would probably give the u.s. economy a welcomed buzz. the econ is behind the report will join us. can you ever have too much "money"? copd makes it hard to breathe... but with advair,...
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we told you president obama had moved his speech planned parenthood from thursday to friday night. it will not be the keynote address but he is still speaking. thanks for watching. >> shepard: have a great afternoon. news begins anew on "studio b." a store clerk confirms one of the boston marathon terror suspects bought fireworks a few months ago. specifically the most powerful fireworks which he may have used in the deadly bombings. we'll speak live with the store manager coming up. fox news spoke to the father of the two suspects after the fbi questioned him in russia. plus police say a shooting at a home left five people dead and a 6-year-old girl in the hospital. details on the dramatic search for the suspect all ahead unless breaking news changes everything on "studio b." but first from fox at 3:00 in new york city. the dead boston bombing suspected wanted the biggest, loudest explosives he could get. that from the clerk who told him the fireworks that may have been used in the attack. the new details coming out as investigators try to piece together how it happened and critic
we told you president obama had moved his speech planned parenthood from thursday to friday night. it will not be the keynote address but he is still speaking. thanks for watching. >> shepard: have a great afternoon. news begins anew on "studio b." a store clerk confirms one of the boston marathon terror suspects bought fireworks a few months ago. specifically the most powerful fireworks which he may have used in the deadly bombings. we'll speak live with the store manager...
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tomorrow president obama and the first they will attend a memorial service in waco, texas for the victims. now we continue "countdown to the closing bell" with liz claman. liz: fox business market jack, orders for big-ticket items such as aircraft and computers. it is affecting the markets at least for the dow jones industrials the the two names the going down our procter and gamble and at&t but the big ticket orders and expected the plunging nearly 6% in march, the largest drop in seven months and many are calling this a new sign of an economic slowdown. we may see a new number that looks healthy the next time around but this after falling an upbeat first quarter, still a few defense companies not fazed by the report, northrop grumman and general dynamics moving higher, birdie decent moves, northrop grumman and general dynamics continue to be strong and shares of northrop grumman hitting a 52 week high. recent data suggests a housing recovery may well be under way. the aggregate, most of these numbers are looking healthy. one leading building products company, the products that go into t
tomorrow president obama and the first they will attend a memorial service in waco, texas for the victims. now we continue "countdown to the closing bell" with liz claman. liz: fox business market jack, orders for big-ticket items such as aircraft and computers. it is affecting the markets at least for the dow jones industrials the the two names the going down our procter and gamble and at&t but the big ticket orders and expected the plunging nearly 6% in march, the largest drop...
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presidents and first ladies, including of course president barack obama and mrs. obama. countless dignitaries from condolleezza rice and colin powell. the library and museum opens to the public may 1st. >> megyn: thank you. we'll be right back.
presidents and first ladies, including of course president barack obama and mrs. obama. countless dignitaries from condolleezza rice and colin powell. the library and museum opens to the public may 1st. >> megyn: thank you. we'll be right back.
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granted, it has to be passedment president obama already raised the tax 62 # # cents back in february of 2009. that's $14 now to buy a pack of cigarettes in new york city, and they want that higher? >> sure. the average varies across the country. the u.s. average for a pack of mar borrows is below $6, and obama as proposal is to raise a pack of cigarettes by 94 cents. there's questions whether or not that happens, but if it did, you can rest assured that the tobacco companies layer pricing on top of that as well as the retailers and wholesalers. what you might see if it comes into fruition is prices go up north of 20%, and volumes downright around 20% as well. tracy: you think it has an effect? tax increases on vices like this don't affect user sheep. >> it could affect volume. people who smoke may smoke fewer cigarettes, may make people likely to quit, and make them he hesitant to pick up the habit. tracy: or stress out and smoke more. part is there's an e-cigarette division; right? is that where this is going? >> sure, i think the lower line is one of the more attractive tobacco com
granted, it has to be passedment president obama already raised the tax 62 # # cents back in february of 2009. that's $14 now to buy a pack of cigarettes in new york city, and they want that higher? >> sure. the average varies across the country. the u.s. average for a pack of mar borrows is below $6, and obama as proposal is to raise a pack of cigarettes by 94 cents. there's questions whether or not that happens, but if it did, you can rest assured that the tobacco companies layer...
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signed, barack obama, the white house. the speaker pro tempore: referred to the committees on energy and commerce, education and the work force, veterans affairs, armed services, the judiciary, natural resources, financial services, homeland security, oversight and government reform, ways and means, foreign affairs, transportation and infrastructure and intelligence and ordered printed. for what purpose does the gentleman from michigan seek recognition? mr. conyers: mr. speaker, i ask unanimous consent to address the house for one minute and to revise and extend my remarks. the speaker pro tempore: without objection, the gentleman is recognized for one minute. mr. conyers: thank you. i wanted to begin our discussion with h.r. 1549, morro -- be up to -- tomorrow, helping sick americans now act. i am not supporting this bill because the bill's proposals are counterintuitive to the anticipated outcome of the prevention and public health fund. this legislation strips four years of funding from the prevention fund to pay for a
signed, barack obama, the white house. the speaker pro tempore: referred to the committees on energy and commerce, education and the work force, veterans affairs, armed services, the judiciary, natural resources, financial services, homeland security, oversight and government reform, ways and means, foreign affairs, transportation and infrastructure and intelligence and ordered printed. for what purpose does the gentleman from michigan seek recognition? mr. conyers: mr. speaker, i ask unanimous...
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this is something that i think a lot of people in the obama white house and obama himself have a real hard time grasping. for his entire presidency, particularly his first year, taeuf david objection elrod and his advisers thought the answer was more cow bill, give another big speech. they do it when his approval right inks are high or low and it never worked. people forget he gave about a 52 speeches on obama care alone in his first year in office, and he never made the thing popular, not once. he gave two essentially state of the union addresses on it, not once did he make the thing popular. it's still not popular. he got that thing passed not because it was popular, not because he roused the will of the american people because he through in a whole bunch of shady back room deals and had nancy reid -- nancy pelosi and harry reid twist arms. and whenever he thinks he can take his issue to the american people it doesn't work. and the theory was after the election, okay maybe what was missing was some organization, be more of a community organizer and that's why he started organizing f
this is something that i think a lot of people in the obama white house and obama himself have a real hard time grasping. for his entire presidency, particularly his first year, taeuf david objection elrod and his advisers thought the answer was more cow bill, give another big speech. they do it when his approval right inks are high or low and it never worked. people forget he gave about a 52 speeches on obama care alone in his first year in office, and he never made the thing popular, not...
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senate could kill the bill and president obama threatens a veto. i'm torn. i know employers have a right to worry about what i say online, but on the other hand, i don't want them to demand. cheryl: my employer says i have to do breaking news now. breaking news in fox business, the navy is canceling new york city's fleet week due to sequester in a statement that we just received from the directer of public affairs say, quote, unfortunately, no navy ships in new york this year for fleet week, no additional sailors or marines. we look forward to participating in future events. we appreciate the parks -- patience and understand during the unusual times. thank you what you do each and every day, hope to see you next year. cancellations in san diego, cancellations in california. dennis: so bogus and unnecessary. give me a break. it's government trying to make us feel sequester. in fact, i hope u.s. companies step up and fund fleet week to offset this cynical government manipulative move. cheryl: that's all for us. there's more coming up. the twitter flash crash,
senate could kill the bill and president obama threatens a veto. i'm torn. i know employers have a right to worry about what i say online, but on the other hand, i don't want them to demand. cheryl: my employer says i have to do breaking news now. breaking news in fox business, the navy is canceling new york city's fleet week due to sequester in a statement that we just received from the directer of public affairs say, quote, unfortunately, no navy ships in new york this year for fleet week, no...
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and barack obama is injured. >> at least for a brief moment in time, people believed that the u.s. government had been attacked. and the president had been injured. >> reporter: less than 140 characters causing the stock market to drop 150 points. almost immediately. and sending the white house scrambling to reassure the nation. >> i can say that the president is fine. i was just with him. >> reporter: traders and computers reacting to the tweet, programmed to respond to certain words online. >> computers don't have emotions. computers don't have intuition. computers trade off of one variable and one variable only. humans use their intuitions. we can look. we can see. we can feel and touch. looking at this headline right now, we knew pretty quickly it was not a true headline. >> reporter: over the weekend, another media giant had its twitter account compromised. "60 minutes" tweeted exclusive. terror is striking the usa, and obama is shamelessly in bed with al qaeda, forcing cbs to close its account. earlier this year the national's two largest newspapers, the new york times and th
and barack obama is injured. >> at least for a brief moment in time, people believed that the u.s. government had been attacked. and the president had been injured. >> reporter: less than 140 characters causing the stock market to drop 150 points. almost immediately. and sending the white house scrambling to reassure the nation. >> i can say that the president is fine. i was just with him. >> reporter: traders and computers reacting to the tweet, programmed to respond to...
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. >>> newly-released documents show the obama administration has known for years about financial problems at fisker auto mowive in an time -- auto motive in anaheim. the electric carmaker was sent a letter saying they were not meeting the milestones set up as a condition of getting the loan. it took another leer for the federal government to cut -- year for the federal government to cut off their funding. a hearing is being held about the loan to that troubled automaker. >>> the house of representatives will vote today on a republican plan to provide more funding to cover people with preexisting conditions under president obama's healthcare reform. starting next year, the act will ban insurance companies not accepting those with preexisting conditions. the republicans want to divert $4 billion from a prevention program in the healthcare reform plan. but democrats and the white house oppose diverting those funds. >>> a bill that do create a -- could create a homeless bill of rights is one step closer to becoming state law. the bill introduced by tom amyyano has passed the committee and it
. >>> newly-released documents show the obama administration has known for years about financial problems at fisker auto mowive in an time -- auto motive in anaheim. the electric carmaker was sent a letter saying they were not meeting the milestones set up as a condition of getting the loan. it took another leer for the federal government to cut -- year for the federal government to cut off their funding. a hearing is being held about the loan to that troubled automaker. >>>...
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president obama is all in when it comes to subsidizing green energy. he's ignoring warning signs that that struggling fiscar auto company. this is how they do business. charles and liz next. ♪ >> let's see if this has any impact on boeing stock. it was up already this morning. up about 2 or $3 and now we're up $3 at 91. and reuters says that ethiopian airlines will be the first to restart 787 dreamliner starting saturday. boeing is up. and how many times have we said su subsidies are no match for the pre market and we're learning that the obama administration knew about fisker a full year before it froze the company loan. charles: this is beyond picking winners and losers, it's about honesty, trust, wasting the public's money. discarding our opinions and free market and saying we know better and then not being honest enough to admit you're failures and sometimes barack obama thinks being president means never having to say i'm sorry, a mea culpa, things happen, it's a terrorist bombing, a failed industry, it doesn't mean you're a bad president, you c
president obama is all in when it comes to subsidizing green energy. he's ignoring warning signs that that struggling fiscar auto company. this is how they do business. charles and liz next. ♪ >> let's see if this has any impact on boeing stock. it was up already this morning. up about 2 or $3 and now we're up $3 at 91. and reuters says that ethiopian airlines will be the first to restart 787 dreamliner starting saturday. boeing is up. and how many times have we said su subsidies are no...
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we understand president obama and the first lady michelle obama will be here. former secretaries hillary clinton, colin powell, condoleezza rice, michael chertoff. the list goes on and on. plenty of governors. tomorrow may be the official dedication of this, some six years in the making. with the library museum itself, bill will open to the public on may 1st. bill: got it. casey, have you been inside and what is on display inside the museum? >> reporter: pretty spectacular things. the museum is about 14,000 square feet. it will basically walk you through the bush presidency in chronological order. when you first go in you will see, remember the election debacle of 2000, when hanging, pregnant and dimpled chads became part of pop culture. then it transitions into what bush 43 thought his presidency was going to be. what he ran on as governor of texas, education, tax and immigration reform. then you turn the corner and september 11th. it happened eight months, you remember, into his first term. there is some steel inside from the world trade center. the famous bu
we understand president obama and the first lady michelle obama will be here. former secretaries hillary clinton, colin powell, condoleezza rice, michael chertoff. the list goes on and on. plenty of governors. tomorrow may be the official dedication of this, some six years in the making. with the library museum itself, bill will open to the public on may 1st. bill: got it. casey, have you been inside and what is on display inside the museum? >> reporter: pretty spectacular things. the...
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everybody is going step away when they think barack obama is hurt in a white house explosion. nobody is stepping on that freight train. they're all backing up. it's humans in their trading and they're going to react to news like that and bad news like that, everybody with a bid is going to step back. >> yeah, a lot of traders, i'm sure, were grateful they were not on their computer. >> absolutely. absolutely. o that stuff is not going to go away. it's going to keep happening. hopefully not very frequently. >> scott, thanks so much. good to see you as always. pisani is on the the floor this morning. hello, bob. >> you're right about the numbers not being very good. europe is up with lousy pmi numbers to talk about. austerity is on the outs. new italian president dealing with things. look what is happening here. the risk on is sort of up. material stocks. energy stocks. financials, leading the market today. despite what we see with the economic numbers overall. i want to point out a real important trend on earnings. most are still beating on the top line the misses have been not
everybody is going step away when they think barack obama is hurt in a white house explosion. nobody is stepping on that freight train. they're all backing up. it's humans in their trading and they're going to react to news like that and bad news like that, everybody with a bid is going to step back. >> yeah, a lot of traders, i'm sure, were grateful they were not on their computer. >> absolutely. absolutely. o that stuff is not going to go away. it's going to keep happening....
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. >> , the obama administration has insisted that reconciliation must be afghan-led. but pakistan has aided the taliban and provided them safe haven in the past. while the u.s. is pushing all parties to start negotiating now, pakistan has accused the afghan president hamid karzai, of being "an impediment to the peace process."analysts say all this makes the process of reconciliation that much harder. the problem is how to cobble together a government that has all of their stakeholders buying in. many of these countries for decades have very different geopolitical interests when it comes to afghanistan. >> as officials praised the progress of the afghan forces, the u.s. military concedes that the afghan air force will not be ready to take over air operations until at least the end of 2016. of considerable assistance coalition partners will still be needed. >> it will take time, the afghan air force to end up as fully operational. >> u.s. officials don't want to predict the outcome of peace talks, but they do feel obligated to push for reconciliation at every opportunit
. >> , the obama administration has insisted that reconciliation must be afghan-led. but pakistan has aided the taliban and provided them safe haven in the past. while the u.s. is pushing all parties to start negotiating now, pakistan has accused the afghan president hamid karzai, of being "an impediment to the peace process."analysts say all this makes the process of reconciliation that much harder. the problem is how to cobble together a government that has all of their...
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this plan was hatched by president obama and jack lew. i am sick and tired of hearing it is the republicans standing in front of this president. this man defines the definition samesanity, doing the thing over and over and over again and expecting a different result. he needs to realize we have in debt andtrillion nearly $1.4 trillion in the current national deficit. until the realizes we cannot tax and spend our way to prosperity, this situation is not going to change. the house and republicans in the senate have put forth proposals that would give the president the flexibility to cut ever he needs to cut and to make sure the public is not inconvenienced. guest: i am not going to litigate the past. that does not inform today what is going on. the politics of the sequestration are pretty hot and heavy. sometimes we believe our job is to cast aspersions on the motivation of folks. i think it is unfair the president is making this political. that usuallyrism congress looks through. the president has flexibility on the sequester as it applie
this plan was hatched by president obama and jack lew. i am sick and tired of hearing it is the republicans standing in front of this president. this man defines the definition samesanity, doing the thing over and over and over again and expecting a different result. he needs to realize we have in debt andtrillion nearly $1.4 trillion in the current national deficit. until the realizes we cannot tax and spend our way to prosperity, this situation is not going to change. the house and...
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it's exploded under the obama administration over four straight years. it's a 3.5 trillion dollar budget. please! don't tell me that we can't afford to keep enough air traffic controllers in the towers. >> are we really talking about this? >> yeah, we are. washington doesn't work. you're exactly right. like steve rattner said yesterday. the entire system is dated. >> here we go again. these buffoons vote down background checks and this huge story and back to talking about the sequester? are you kidding me? i'm sorry. but this is incredible. totally nonproductive, insanely boring! >> this is what happens when congress and the president -- i'm going to put it on chronic right now because the president did talk about social security and then he got attacked. this is what happens when 70% of the budget is basically not ever talked about. when you can't talk about entitlements and the past, you haven't been able to talk about defense. so, mike, they go to 12% of the budget and hack it up. i've been talking about it for two years that we can invest in discreti
it's exploded under the obama administration over four straight years. it's a 3.5 trillion dollar budget. please! don't tell me that we can't afford to keep enough air traffic controllers in the towers. >> are we really talking about this? >> yeah, we are. washington doesn't work. you're exactly right. like steve rattner said yesterday. the entire system is dated. >> here we go again. these buffoons vote down background checks and this huge story and back to talking about the...
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two explosions in the white house and barack obama was injured. look at what it did to the dow jones. down 143 points and back up again in the space of just about three minutes. a lot of this attributed to automatic trading augu. a few minutes later the white house briefing was set to begin and by tradition ap reporter gets the first question and in this case she took the opportunity to clear up the situation explaining to the rest of the media folks watching just what had gone on. take a listen. >> i just want to say at the top that it appears as though ap's twitter account has been hacked so anything that was just sent out about any incident at the white house is obviously false and we'll put out something shortly. >> i appreciate that. i can say that the president is fine. i was just with him. >> it's not every day that you see the white house press secretary take to the briefing room to reassure people that the president is safe but that's what happened yesterday as this thing spiraled out of control fairly quickly and then spiraled back into
two explosions in the white house and barack obama was injured. look at what it did to the dow jones. down 143 points and back up again in the space of just about three minutes. a lot of this attributed to automatic trading augu. a few minutes later the white house briefing was set to begin and by tradition ap reporter gets the first question and in this case she took the opportunity to clear up the situation explaining to the rest of the media folks watching just what had gone on. take a...
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Apr 24, 2013
04/13
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but they actually used the phrase barack obama which threw us off. they confirmed that the message was fake and jay carney said the president was fine. within three minutes of the tweet, the dow plunged 147 points before recovering. some traders controlled cnbc they canceled orders and waited for more information. while human traders were able to protect their clients, that may not have been the case for many high frequency firms that use computers to scour headlines for good or bad news and trade on that. you'll see the vix here which spiked 10% briefly. reuters says the move wiped out $136 billion from the s&p 500's value. a group called syrian electronic army, which is supportive of president bashar al assad is claiming responsibility and taking credit for hacking the bbc weather service and this past weekend of cbs's "60 minutes." it was quite a startling situation as you can understand to see the dow drop so precipito precipitously. they do watch everything including twitter. it's a brand new world that we're dealing with here. >> underscores tw
but they actually used the phrase barack obama which threw us off. they confirmed that the message was fake and jay carney said the president was fine. within three minutes of the tweet, the dow plunged 147 points before recovering. some traders controlled cnbc they canceled orders and waited for more information. while human traders were able to protect their clients, that may not have been the case for many high frequency firms that use computers to scour headlines for good or bad news and...
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Apr 24, 2013
04/13
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and on a day when twitter is hacked with a fake story about president obama being hurt, a fake story -- a fake story, and an attack on the white house, a fake story, i know that apple will be a good stock to bid for when the whole market gets hit as it did for one instant on a fake story. while i'm on that topic, please remember to use stop limit orders, not stop loss orders, because you will end up selling your stock on the fake story at the low of the day. here's the bottom line. it's one thing to bounce because things aren't as miserable as we thought, and because the stock has a safety net. however, if you want rising earnings, rising margins and rising dividends, yes, you might as well buy pepsico. oh, boy. or mcdonald's. john scully, pepsico, on weakness. they have what the market wants, and until apple unveils its omg products, it will not return to its glory days any time soon. "mad money" and its gorgeous new set will be right back. >>> coming up, sweet pickle? condiments have been catching the eye of investors since warren buffett's bid for heinz created a big win for share
and on a day when twitter is hacked with a fake story about president obama being hurt, a fake story -- a fake story, and an attack on the white house, a fake story, i know that apple will be a good stock to bid for when the whole market gets hit as it did for one instant on a fake story. while i'm on that topic, please remember to use stop limit orders, not stop loss orders, because you will end up selling your stock on the fake story at the low of the day. here's the bottom line. it's one...
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Apr 24, 2013
04/13
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it claimed two blasts left obama wounded. it spread fast prompting investors to sell shares on the new york stock exchange. the dow jones industrial average fell more than $140 in the two minutes after the fake news broke but share prices recovered after it was confirmed to be untru untrue. >> i can say that the president was fine. i was just with him. >> public relations officials with the associated press said details of the cyber-attack are unclear. they said the news agency is working with their operators of tw twitter to investigate the incident. >>> u.s. markets, despite that flash crash did end higher tuesday helped by favorable housing data and overall earnings results. it ended at 14,719, up just over 1%. for more on how stocks here are trading, let's go to ramin standing by at the tokyo stock exchange. good morning! good results from apple and how about the overall data and how are tokyo stocks acting. >> despite that flash crash, a lot of folks really focusing on apple's numbers you touched on there. they seemed to
it claimed two blasts left obama wounded. it spread fast prompting investors to sell shares on the new york stock exchange. the dow jones industrial average fell more than $140 in the two minutes after the fake news broke but share prices recovered after it was confirmed to be untru untrue. >> i can say that the president was fine. i was just with him. >> public relations officials with the associated press said details of the cyber-attack are unclear. they said the news agency is...
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Apr 24, 2013
04/13
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FBC
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putting the obama phone program on steroids for started by ronald rean to provide low income families with a phone in case of emergencies. in 2008 obama added so funds sending the cost of from 143 million to about $2 billion today that shows it is out of control. the fcc says the top five companies can verify the eligibility of 41%. what is worse they're hoping to expand the program to include high-speed broadband thiss out of control.
putting the obama phone program on steroids for started by ronald rean to provide low income families with a phone in case of emergencies. in 2008 obama added so funds sending the cost of from 143 million to about $2 billion today that shows it is out of control. the fcc says the top five companies can verify the eligibility of 41%. what is worse they're hoping to expand the program to include high-speed broadband thiss out of control.
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Apr 24, 2013
04/13
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it said there was an explosion at the white house and president obama was injured. but the tweet was false. the work of disruptive hackers. abc's new chief business and economics correspondent rebecca jarvis explains how it all unfolded. >> reporter: it was the tweet that sent stocks plunging. at 1:07 p.m., breaking news from the associated press, "two explosions in the white house and barack obama is injured." >> stocks higher this afternoon, recovering after a false report of a bombing at the white house. >> hack account on an a.p. twitter feed. >> reporter: the news was false. a hacker's hoax. but before the a.p. or the president's press secretary could clear things up -- >> i can say the president was fine. i was just with him. >> reporter: there were four minutes of panic on wall street. a gain of 130 points on the dow, gone in an instant. $136 billion lost before seconds later, a full recovery. but it wasn't humans driving stocks lower. traders say many computer programs troll the internet for key phrases and react accordingly. in this case, they saw the a.p.'
it said there was an explosion at the white house and president obama was injured. but the tweet was false. the work of disruptive hackers. abc's new chief business and economics correspondent rebecca jarvis explains how it all unfolded. >> reporter: it was the tweet that sent stocks plunging. at 1:07 p.m., breaking news from the associated press, "two explosions in the white house and barack obama is injured." >> stocks higher this afternoon, recovering after a false...
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Apr 24, 2013
04/13
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al of those but four took place under president obama. who are the targets arizona professor indicated? militant leaders are not really being killed in the great number. we calculate only 2% of the total number of casual advertise are people you would term leaders. and so that is an interesting development. what was initially started, i thing, as a program that would target high level members of al qaeda, has in a sense deinvolved, particularly in pakistan forks a counterinsurgency air force and you can say that's good or bad, but it's a fact that is happening. where are the targets in pakistan? that'sy al qaeda network are located. what is in the civilian casualty rate? we found it has declined significantly over time. initially in the 2006 it was almost 2%. -- 100%. now today confirmed civilian casualties we calculate 2%. we also add an unknown category of 9% because sometimes at not clear if somebody is a civilian or militant, everybody dresses the same. and that member is revved to in a press account as a tribesman could be either a t
al of those but four took place under president obama. who are the targets arizona professor indicated? militant leaders are not really being killed in the great number. we calculate only 2% of the total number of casual advertise are people you would term leaders. and so that is an interesting development. what was initially started, i thing, as a program that would target high level members of al qaeda, has in a sense deinvolved, particularly in pakistan forks a counterinsurgency air force...
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well and finally mr of and it's we know that president obama made repairing u.s. relations with islamic world he is one of his top foreign priorities but how is this likely to go down was the those feeling similar to the alleged boston bombers i mean is this likely to appease them. i don't i don't think so well let's look first of all let's not forget that whomever these people out there are even within the islamic or the islamic people they are a very small minority very violent and is a huge problem but whether there are going to i think not it's actually a cover for a moment where it doesn't really matter what the u.s. changes in policy. because you want to see change is going to have to look in the longer and see what can we do in the long term to prevent these kind of things don't happen in. your police investigate well it's like i said in the beginning let's not rush into group who is actually we don't know and yet that's what happened in boston for a lot of innocent national consult an expert in relations with the u.s. thanks so much for joining us here on
well and finally mr of and it's we know that president obama made repairing u.s. relations with islamic world he is one of his top foreign priorities but how is this likely to go down was the those feeling similar to the alleged boston bombers i mean is this likely to appease them. i don't i don't think so well let's look first of all let's not forget that whomever these people out there are even within the islamic or the islamic people they are a very small minority very violent and is a huge...
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Apr 23, 2013
04/13
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the fake tweet said that there had been, in fact, explosions at the white house and that barack obama was injured in those explosions. that fake and erroneous tweet went out at about 1:07 p.m. and shortly thereafter, at about 1:16 p.m., the associated press reporter at the white house had the chance to make a little news of her own. that's because the white house briefing was coincidentally scheduled at that time and the associated press traditionally gets to ask the first question. in this case, it was ap reporter julie pace who had a chance to clear up some of the confusion arou surrounding this incident. >> i want to say at the top that it appears as though ap's twitter account has been hacked, so anything that was just sent out about any incident at the white house is absolutely false and we'll be putting out something today shortly to clarify if that hasn't happened already. >> and the president is fine. i was just with him. >> and that is not something you see every day. the white house press secretary having to reassure reporters in the briefing room that the president is fine.
the fake tweet said that there had been, in fact, explosions at the white house and that barack obama was injured in those explosions. that fake and erroneous tweet went out at about 1:07 p.m. and shortly thereafter, at about 1:16 p.m., the associated press reporter at the white house had the chance to make a little news of her own. that's because the white house briefing was coincidentally scheduled at that time and the associated press traditionally gets to ask the first question. in this...
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Apr 23, 2013
04/13
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was hurt, president obama was hurt. then it began to pan out there was explosion and then it began to pan out that ap obviously admitted that their twitter account was hacked and all this was false and quickly we regained. we were up 130 points and dropped down to negative 13. look at the what happened to the volatility index. if you lay them over each other as the dow was dropping significantly, volatility index was creeping higher to a 15 level. it obviously is showing you that. we're keeping an eye on names coming out with numbers of at bell. back to you. ashley: nicole, thank you very much. complete coverage of today's earnings. that is busy day on "after the bell" 4:00 p.m. eastern. tracy: a lot of earnings reports today. all right, several u.s. banks scaling backbone us ins just because the federal reserve asked them to do so? huh? what do shareholders have to say about all that? financial fund manager anton schutz weighs in next. ashley: first let's look how the u.s. dollar is moving right now. let's take a look.
was hurt, president obama was hurt. then it began to pan out there was explosion and then it began to pan out that ap obviously admitted that their twitter account was hacked and all this was false and quickly we regained. we were up 130 points and dropped down to negative 13. look at the what happened to the volatility index. if you lay them over each other as the dow was dropping significantly, volatility index was creeping higher to a 15 level. it obviously is showing you that. we're keeping...
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our viewers who are saying that obama can't do this is hands are tied could obama singlehandedly close down this facility if he wanted to he's the commander in chief and he was very impassioned last week about the gun bill would be nice to see a little that passion for guantanamo because i was one of the promises he made in two thousand and eight in the first thing he did after the lilly ledbetter act in two thousand and nine when he took office was signed the order to close guantanamo it at the time the democrats controlled the house and the senate now certainly the right wingers the wing nuts have made it hard for him to close guantanamo now but he had kind of that sweet heart period where had a really been committed he could have done it he let the opportunity pass will certainly it was one of his main the main pillar of his talking points when he was in the two thousand election i mean we wanted to see that close you know to play politics in a time like that when you're putting so many human lives at risk of not having a fair trial is really frankly unacceptable to me what forces a
our viewers who are saying that obama can't do this is hands are tied could obama singlehandedly close down this facility if he wanted to he's the commander in chief and he was very impassioned last week about the gun bill would be nice to see a little that passion for guantanamo because i was one of the promises he made in two thousand and eight in the first thing he did after the lilly ledbetter act in two thousand and nine when he took office was signed the order to close guantanamo it at...
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Apr 23, 2013
04/13
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president obama has tended to be against lowering rates. he wants to raise rates on high income earners. but you've got an interesting situation now. senator, the chairman of the senate finance committee, the ranking democrat now since someone has announced he's not going to run for re-election in 2014. that gives him pretty much a free hand to try to fashion some kind of tax reform if he wants to do it in cooperation with the ranking republican on that committee. i think that it is within the realm of possibility that these two could do that. dave camp, the republican chairman of the house weighs and means committee has been working on the tax reform. we've seen on immigration, the president is leading from behind. he's the opposite of l.b.j. who insisted that congress pass his law without changing a comma. president obama doesn't have much in the way of recommendations. so it's possible, i think, not likely but possible that we could see serious moves towards tax reform. dagen: keep hope alive. good to see you. thank you so much. be well.
president obama has tended to be against lowering rates. he wants to raise rates on high income earners. but you've got an interesting situation now. senator, the chairman of the senate finance committee, the ranking democrat now since someone has announced he's not going to run for re-election in 2014. that gives him pretty much a free hand to try to fashion some kind of tax reform if he wants to do it in cooperation with the ranking republican on that committee. i think that it is within the...
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Apr 23, 2013
04/13
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where is president obama? let me get him on the phone. >> we don't have much more time but there's a story that seth macfarlane is going to be back. do you know anything about that? >> i was the one who got michelle obama with my daughter to do the academy so i'm just wondering if they ask me this year who i have to do but i have the phone number at the vatican and if that's -- >> you can deliverpope.harvey. >> he was funny and good. >> thank you harvey. the movie opens this friday in new york and los angeles. >> and you could get a chance to see one of the most famous symb >> you might have caught charlie sunday night on "the good wife." he played charlie rose her husband's run for public office. >> currently ahead with female voters, do you think they see in peter something they do not trust? >> i think it's because the press has been more interested in peter's past failings as a family man for which he has long since atoned than they are in the present one. >> that's an interesting idea. what is it you mean
where is president obama? let me get him on the phone. >> we don't have much more time but there's a story that seth macfarlane is going to be back. do you know anything about that? >> i was the one who got michelle obama with my daughter to do the academy so i'm just wondering if they ask me this year who i have to do but i have the phone number at the vatican and if that's -- >> you can deliverpope.harvey. >> he was funny and good. >> thank you harvey. the movie...
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Apr 23, 2013
04/13
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president obama could have avoided it but he didn't. judge napolitano, he joins the oak ridge, did the president commit an impeachable offense? the president is here. in today's markets, a lot can happen in a second. with fidelity's guaranteed one-second trade execution, we route your order to up to 75 market centers to look for the best possible price -- maybe even better than you expected. it's all part of our goal to execute your trade in one second. i'm derrick chan of fidelity investments. our one-second trade execution is one more innovative reason serious investors are choosing fidelity. now get 200 free trades when you open an account. omnipotent of opportunity. you know how to mix business... with business. and you...rent from national. because only national lets you choose any car in the aisle. and go. you can even take a full-size or above. and still pay the mid-size price. i could get used to this. [ male announcer ] yes, you could business pro. yes, you could. go national. go like a pro. why are 8 million people why are 8 m
president obama could have avoided it but he didn't. judge napolitano, he joins the oak ridge, did the president commit an impeachable offense? the president is here. in today's markets, a lot can happen in a second. with fidelity's guaranteed one-second trade execution, we route your order to up to 75 market centers to look for the best possible price -- maybe even better than you expected. it's all part of our goal to execute your trade in one second. i'm derrick chan of fidelity investments....
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Apr 23, 2013
04/13
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KICU
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- the obama administration started to get rid of millions, in fact, tens of millions, in fact, probably we're over a hundred million now. but we can do a lot more to take away those hours, and that can free up people to do their real work and spend time with their families. - is this, in fact happening? because the subtitle of your book, you say it is the future of government. is this ultimately what is going to happen? - i think there are two things: first, the last four years have seen quiet but significant steps in the direction of greater simplification. people are seeing that in lots of domains. kids who were trying to apply for college and get financial aid, small businesses that are trying to get loans, people who have been relieved of formerly burdensome regulations. but a lot more needs to be done. the 21st century should involve a lot more in the way of ease and simplification using the technologies we now have that are really unprecedented to make it much simpler to interact with the government. - sort of taking it from the paper-and-pencil age into the modern i.t. age. it so
- the obama administration started to get rid of millions, in fact, tens of millions, in fact, probably we're over a hundred million now. but we can do a lot more to take away those hours, and that can free up people to do their real work and spend time with their families. - is this, in fact happening? because the subtitle of your book, you say it is the future of government. is this ultimately what is going to happen? - i think there are two things: first, the last four years have seen quiet...
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the fact that those war games were taking place in accordance with a plan that was developed by the obama administration it was reported on by the wall street journal earlier this month called the playbook which was specifically designed to provoke north korea in the latest korean war game simulations which happen of course every year these were games taking place with b. fifty two and b. two nuclear are nuclear capable bombers dropping dummy munitions on the korean peninsula and f. ten twenty two advanced fighter jets it was specifically part of a provocation to get north korea to react and perhaps they miscalculated just how much north korea would react but at any rate right now what we have is guam for example seeing more missile defense japan seeing more missile defense contractors throughout the region receiving more money north korea is getting at least overtures from u.s. and south korea that they will get more. play at the negotiating table and china has so far managed to maintain north korea stopping it from time toppling so everyone has gotten what they want. out of this latest
the fact that those war games were taking place in accordance with a plan that was developed by the obama administration it was reported on by the wall street journal earlier this month called the playbook which was specifically designed to provoke north korea in the latest korean war game simulations which happen of course every year these were games taking place with b. fifty two and b. two nuclear are nuclear capable bombers dropping dummy munitions on the korean peninsula and f. ten twenty...
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Apr 23, 2013
04/13
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KRON
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the government was given to the anaheim based company is part of an obama in ministration program to boost electric cars, and other advanced vehicles. the nation's biggest banks are rolling out the next generation of 80 atm s the latest model including features like video chatting with a live teller in getting changer paying your credit card bill. bank of america's new tellers is machines for example allowed a customer to swipe a debit or credit card, driver's license or photo id for authentication. then a light seller physically based in delaware or florida pops up on the screen to assist the user. the bank says the machine will be available for about a resume of the service is the traditional color care. there also be open longer than traditional bank branches. >> will be back with more on the >> welcome back. the time is 444 . we are following the of the news that the so- called right now there is a standoff between police and the suspect wanted for a late-night shooting. it is on the 1100 block of 65th ave. will tran is on the scene and has details. >> this is taking place to the
the government was given to the anaheim based company is part of an obama in ministration program to boost electric cars, and other advanced vehicles. the nation's biggest banks are rolling out the next generation of 80 atm s the latest model including features like video chatting with a live teller in getting changer paying your credit card bill. bank of america's new tellers is machines for example allowed a customer to swipe a debit or credit card, driver's license or photo id for...
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Apr 23, 2013
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become the centerpiece for obama's strategy. they are a setting up liaison offices around the world. we know everything about the bin laden raid. we know everything about the dog and guns used. there were 20,000 raids like that that year in afghanistan and other countries that we know almost nothing about. i think our future is going to be looking at cruise missile strikes, covert operations, raids that we probably won't know about an drone strikes are one part of it but i think we make a mistake in focusing too much on drones because this is a full spectrum war that's being waged by the obama administration. >> jeremy scahill, thank you so much. the book is "dirty wars." the film are be out june 7th. >> with a cameo by you guys. >> there you go. >> i can't wait for the royalty check. >> we had to pay nbc for the rights though. >> really! you did, did you? >> yes, we did. willie promised me something but it never came about. >> i talk offline. >>. >>> still ahead, google's executive chairman eric schmidt will be here on the set.
become the centerpiece for obama's strategy. they are a setting up liaison offices around the world. we know everything about the bin laden raid. we know everything about the dog and guns used. there were 20,000 raids like that that year in afghanistan and other countries that we know almost nothing about. i think our future is going to be looking at cruise missile strikes, covert operations, raids that we probably won't know about an drone strikes are one part of it but i think we make a...
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Apr 23, 2013
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you know, president obama's has the power to go to united nations again, tomorrow. he has -- president clinton. given the recognition which was a vote of 100, 120 something, 149. i think that would be difficult may be defined those nine next hundred and people know that. you may find four or five but you won't find the nine. so given that, he is restrained from doing that. that is designed of good faith at this moment, too. he would like to see if we could get this process moving. so everybody needs to kind of not react normal sort of tit-for-tat, stereotypical way. give peace a chance and by providing the opening here for the politics and diplomacy to work. that's what both sides need to do. that's what i believe both sides are prepared to do, and the proof will be in the pudding. >> we go now to mr. khan of arkansas. >> mr. secretary, thank you for your time today. thank you for your service to our country. including your service as a young men in uniform in the non. >> thank you. >> the united nations recently approved united arms treaty article v of the treaty r
you know, president obama's has the power to go to united nations again, tomorrow. he has -- president clinton. given the recognition which was a vote of 100, 120 something, 149. i think that would be difficult may be defined those nine next hundred and people know that. you may find four or five but you won't find the nine. so given that, he is restrained from doing that. that is designed of good faith at this moment, too. he would like to see if we could get this process moving. so everybody...
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Apr 23, 2013
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. >> president barack obama marked the moment with a moment of reflection in the oval office. here our alicia sylvester explores the moment of science and the unity seen in the city of boston. >> reporter: sometimes grief has no words. 2:50 p.m., exactly one week on the massachusetts state house steps. to the new york stock exchange, to the senate floor in washington. on ordinary streets, to the marathon route where instead of cheers and smiles of a runner crossing the finish line, there is silence. to the flowers and flags, the signs of "boston strong," to the spot where last week two bombs took three lives. to a place where the quiet says more than words can ever say. for one long minute, the country is silent and remembers and begins to heal. and when the moment is over, there is this. ♪ god bless america [ applause ] >> lisa sylvester, cnn. >>> the city of boston united there and the people of boston also took another step toward healing on monday. [ bagpipes ]. >> this was the ceremony at the site of the deadly bombings on boylston street. federal authorities turning th
. >> president barack obama marked the moment with a moment of reflection in the oval office. here our alicia sylvester explores the moment of science and the unity seen in the city of boston. >> reporter: sometimes grief has no words. 2:50 p.m., exactly one week on the massachusetts state house steps. to the new york stock exchange, to the senate floor in washington. on ordinary streets, to the marathon route where instead of cheers and smiles of a runner crossing the finish line,...
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Apr 23, 2013
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president obama is scheduled to attend a funeral service for those who died. many of the dead were first responders. country star, willie nelson, who grew up just outside of west, promised to donate the proceeds of an upcoming concert to the town's volunteer fire squad. >>> people are angry that police did not act when a family of a 5-year-old girl did not report her missing. the police chief has admitted mistakes were made. there has been a dramatic rise in the cases against women and girls since a woman died after being raped. >>> in china, investigators tried to locate quake victims in hard to reach areas. the quake caused land slides that blocked many roads. at least 192 people died in that quake. 11,000 others were injured. chinese officials are refusing offers of foreign help. they say they can handle it themselves. >>> in argentina, concert goers got an extra treat at the end of a song. there was a brilliant flash of light. it happened about 1:30 a.m. one said it could have been a space rock traveling at a very high rate of speed. it was seen for hundre
president obama is scheduled to attend a funeral service for those who died. many of the dead were first responders. country star, willie nelson, who grew up just outside of west, promised to donate the proceeds of an upcoming concert to the town's volunteer fire squad. >>> people are angry that police did not act when a family of a 5-year-old girl did not report her missing. the police chief has admitted mistakes were made. there has been a dramatic rise in the cases against women and...
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. >> president obama also paid tribute observing the moment of silence at the white house. >>> friends, family a total strangers packed a boston university ball room to >>> on the massachusetts state house steps to the new york stock exchange, to the senate floor in washington, on ordinary streets, to the marathon route where instead of cheers and smiles of a runner crossing the finish line there, is silence. to the flowers and flags, the signs of "boston strong" to the spot where last week two bombs took three lives. to a place where the quiet says more than words can ever say. for one long minute, the country is silent and remembers and begins to heal. and when the moment is over, there is this. ♪ god bless america [ applause ] of thousands of dos in hidden fees on their 401(k)s?! seriously? seriously. you don't believe it? search it. "401(k) hidden fees." then go to e-trade and roll over your old 401(k)s to a new e-trade retirement account. we have every type of retirement account. none of them charge annual fees and all of them offer low cost investments. why? because we're not y
. >> president obama also paid tribute observing the moment of silence at the white house. >>> friends, family a total strangers packed a boston university ball room to >>> on the massachusetts state house steps to the new york stock exchange, to the senate floor in washington, on ordinary streets, to the marathon route where instead of cheers and smiles of a runner crossing the finish line there, is silence. to the flowers and flags, the signs of "boston...
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president obama is scheduled to attend a funeral service for those who died. many of the dead were first responders. country star, willie nelson, who grew up just outside of west, promised to donate the proceeds of an upcoming concert to the town's volunteer fire squad. >>> people are angry that police did not act when a family of a 5-year-old girl did not report her missing. the police chief has admitted mistakes were made. there has been a dramatic rise in the cases against women and girls since a woman died after being raped. >>> in china, investigators tried to locate quake victims in hard to reach areas. the quake caused land slides that blocked many roads. at least 192 people died in that quake. 11,000 others were injured. chinese officials are refusing offers of foreign help. they say they can handle it themselves. >>> in argentina, concert goers got an extra treat at the end of a song. there was a brilliant flash of light. it happened about 1:30 a.m. one said it could have been a space rock traveling at a very high rate of speed. it was seen for hundre
president obama is scheduled to attend a funeral service for those who died. many of the dead were first responders. country star, willie nelson, who grew up just outside of west, promised to donate the proceeds of an upcoming concert to the town's volunteer fire squad. >>> people are angry that police did not act when a family of a 5-year-old girl did not report her missing. the police chief has admitted mistakes were made. there has been a dramatic rise in the cases against women and...
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and we also cannot forget the political component of the of the pivot to asia which is this president obama wanted to send signal a clear. that the u.s. was less interested than the previous administration in war in. war in the middle east and wants to be in focus on relations in east asia because in the long term that's far more important john you want to read well i would agree that in large part the united states because it. sort of bogged down in the middle east because the largely because of the impact of the israeli lobby has not been able to counter china in the way it would like but i'd like to i'd like to go to henry kissinger here for a second. henry kissinger in his account china which is not a bad book actually talks about a fundamentally different culture in china from that of the west and i think we should listen to him on this point. because for example if you look at the fifteenth century when china was the most powerful nation in the world it sent out ships bigger than anything columbus would dream of one hundred years later traded. it it traded it explored but unlike the w
and we also cannot forget the political component of the of the pivot to asia which is this president obama wanted to send signal a clear. that the u.s. was less interested than the previous administration in war in. war in the middle east and wants to be in focus on relations in east asia because in the long term that's far more important john you want to read well i would agree that in large part the united states because it. sort of bogged down in the middle east because the largely because...